Today's Rates As of September 15, 2019

Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.  

ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE.

Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.    

ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE. Penalties for early withdrawal.

1. Minimum deposit of $25,000 to open. All deposits must be new-to-bank funds and cannot be transferred from an existing account. Maturing CD customers can add $25,000 from an outside source to an existing 13-Month CD to receive the 1.95% APY. CD automatically renews at maturity. Each renewal term will be 12 months. The APY for the renewal term will be the APY in effect for the 12-month CD at the time of renewal. You will have 7 calendar days after the maturity date to withdraw funds without penalty.

2. Maximum deposit of $250,000 for each Tax ID.

3. Minimum deposit of $1,000 to open.

4. Annual Percentage Yield (APY) effective as of 8/5/19. APYs are subject to change without notice and offer may be withdrawn at any time without notice. No public or corporate funds. Penalty for early withdrawal. Fees could reduce earnings. Other rates and terms also available. 

5. Annual Percentage Yield (APY) is accurate as of 8/19/19. To qualify to open a 14-Month CD at 2.00% APY ($250 minimum deposit to open, maximum deposit of $250,000 for each Tax ID), you must open or have a Premier Interest Checking Account (PICA). The PICA is an interest-bearing checking account that has a $100 minimum deposit to open and a $1,000 minimum balance to avoid a $10 monthly service fee. As long as the PICA remains open, you may deposit funds ($250 minimum increments) to the initial maturity date of the 14-Month CD (principal balance cannot exceed $250,000). If the PICA is closed, the APY of the 14-Month CD will convert to our current 12-Month CD APY and additional deposits into the CD will no longer be permitted. Penalty for early withdrawal. Fees could reduce earnings. No public or corporate funds. CD automatically renews at maturity. Each renewal term will be 12 months. The APY for the renewal term will be the APY in effect for the 12-month CD at the time of renewal. You will have 7 calendar days after the maturity date to withdraw funds without penalty. This offer may be withdrawn or changed at any time for any reason without notice. Other rates and terms also are available. 

See a customer service representative or visit www.roselle.bank for more details.

Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.    

ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE. Penalties for early withdrawal.

2. Maximum deposit of $250,000 for each Tax ID.

3. Minimum deposit of $1,000 to open. For IRA Bump-Up Certificate of Deposit (CD) Accounts, during your term you are permitted to make a one-time request to increase your interest rate at your discretion. Your request to adjust your interest rate is limited to the rate in effect for your IRA Bump-Up CD at the time of your request. A one-time interest rate increase will not extend the original maturity date of your account.

4. Annual Percentage Yield (APY) effective as of 8/19/19. APYs are subject to change without notice and offer may be withdrawn at any time without notice. No public or corporate funds. Penalty for early withdrawal. Fees could reduce earnings. Other rates and terms also available. See a customer service representative or visit www.roselle.bank for more details.

Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.    

ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE.

¹ The APR (Annual Percentage Rate) is based on a mortgage amount of $250,000.

² The APR (Annual Percentage Rate) is based on a mortgage amount of $800,000.

³ For All Loans:

• APR=Annual Percentage Rate

• LTV=Loan-to-Value

• Monthly payment amounts stated above consist of principal & interest amounts only and do not include property taxes, hazard insurance, and/or flood insurance premiums (if applicable). Your actual payment obligation will be greater.

• To see what your monthly principal and interest payment would be, divide your mortgage amount by $1,000; then multiply the monthly payment by that amount. (For example, the monthly payment for a 30 Year Fixed Rate mortgage amount of $250,000 would be: $250,000 ÷ $1,000 = 250; 250 x $4.92 = $1,230.00 principal and interest payment per month.)

• Available to individuals residing in the New Jersey Counties of Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Passaic, Somerset, Sussex, Union and Warren.

⁴ For Adjustable Rate Loans:

• The interest rate and APR may be increased after consummation.

• On a 5/1 30 Year Adjustable Rate, the interest rate will not change for the first 60 months of the loan. After the first 60 months, the interest rate can change yearly.

• 60 payments of $4.35 per $1,000 borrowed at an interest rate of 3.250%

• 300 payments of $4.96 per $1,000 borrowed at an interest rate of 4.500%

• On a 7/1 30 Year Adjustable Rate, the interest rate will not change for the first 84 months of the loan. After the first 84 months, the interest rate can change yearly.

  • 84 payments of $4.42 per $1,000 borrowed at an interest rate of 3.375%
  • 276 payments of $4.94 per $1,000 borrowed at an interest rate of 4.500%

• On a 10/1 30 Year Adjustable Rate, the interest rate will not change for the first 120 months of the loan. After the first 120 months, the interest rate can change yearly.

  • 120 payments of $4.49 per $1,000 borrowed at an interest rate of 3.500%
  • 240 payments of $4.90 per $1,000 borrowed at an interest rate of 4.500%

• The interest rate cannot increase or decrease more than 2 percentage points per year.

• The initial interest rate cannot increase or decrease more than 6 percentage points over the term of the loan.

• The interest rate cannot be less than 3 percent over the term of the loan.

 ⁵ First time Home Buyer Program:

The program is limited to the purchase of properties located in Roselle Bank’s designated Community Reinvestment Act (CRA) Assessment Areas which include certain local communities in Union, Somerset, Morris and Hunterdon Counties. A list of the qualifying communities is available upon request.